Hillsboro, IL Real Estate
According to census data in the year 2000 there were 1,930 housing units in Hillsboro.
This represents a 0.7% decline from 1,943 in 1990.
Of those housing units, 1,863 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Hillsboro is about 68.7%.
Hillsboro's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Hillsboro were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.50% |
| Two Bedrooms | 36% |
| Three Bedrooms | 41.20% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $62,400 |
| Median Price asked for vacant units | $19,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $362 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 49.20% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
